Does work life balance ever get better?
Currently a VP at a flexible mandate credit fund. Been working 12-15 hour days 6/7 days a week for a meaningful amount of time. At what point in this career path does work life balance get better? Especially if you want to have a family and actually spend time with them? My MDs grinding similar hours too....
Are there strategies / firms that are better in that regard?
Maybe money isn’t everything after all
Might be time to look to lateral to a different firm. Also at a flexible mandate fund that’s pretty large, and hours are more like 10-12 each day M-F, with little to no weekend work (maybe a couple hours). Not everywhere is like what you’re describing
At VP level and in credit, your (non)WLB is incredibly unusual. I’m in a similar seat and work half the hours. Maybe your team is very lean and you need to cover more sectors / companies than usual?
In PE the hours are driven by specific factors eg participating in multiple auctions with a low success rate or active management of portcos (eg MIP design, M&A, refi, exit) but in credit you have none of these.
I’d say what you describe is one of the worst WLB in credit so would encourage you to look for another seat. Your MD’s similar grind is even more shocking and, honestly, non-sense.
that's completely normal. the naysayers just have weak deal flow.
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